Add a Designated Partner
There are only 3 simple steps:
Advice on Requirements:
At Growbiz, we help you find exactly what you are looking for.
Document Drafting:
The first well drafted document will be shared with you within 3 days.
Iterations:
At Growbiz, we perform two rounds of iterations with no extra fees.
What is Addition of a Designated Partner?
Procedure for Adding a Designated Partner
3 Working Days
If the suggested partner does not possess Designated Partner Identification Number, then he first must apply for the one. Moreover, individuals interested in joining as LLP Designated Partner have to fill up Form 6, showing their intent to do so.
4 Working Days
A decision is required to be passed for the appointment of designated partner. Moreover, a certificate from the CA/CS all compliance is all done properly while adding a partner.
What You Need To Know
Not on Exports
The default option for start-ups and growing businesses as only private limited companies can raise venture capital.
Steep Fines
The default option for start-ups and growing businesses as only private limited companies can raise venture capital.
No Going Back
The default option for start-ups and growing businesses as only private limited companies can raise venture capital.
FAQs on Adding a Designated Partner
Any individual with any qualification is eligible to be a partner in an LLP. Moreover, an individual is not able to be a partner of an LLP if:
- he is an undischarged insolvent,
- he has been found as an unsafe personality by the Court of competent jurisdiction and the finding is in force.